Consortium Capital is The Bernstein Companies’ series of real estate equity funds which invests in commercial real estate throughout the mid-Atlantic region of the United States. Through the Consortium funds, the firm has purchased, developed, and repositioned over 3 million square feet of commercial real estate in a variety of projects– ranging from office buildings to hotels. To date, three Consortium funds have been established, investing over $330 million of equity since their inception. The exceptional success of all three funds is due to The Bernstein Companies’ more than 75 years of real estate development and investment expertise throughout the mid-Atlantic. This strong regional focus and local knowledge has enabled the fund managers to locate, underwrite, and quickly undertake opportunistic investments other institutional investors may not be able to act upon. The firm is focused on developing, re-positioning, purchasing, and establishing joint ventures in commercial real estate transactions typically requiring $5 to $25 million of equity.
Based in Washington, D.C., The Bernstein Companies has a powerful network of real estate, banking and corporate contacts that provide critical information, including advance notice of upcoming transactions. The impressive returns of Consortium Capital’s three equity funds are also attributed to the experience, confidence, and skill of the firm’s partners. With distinguished backgrounds in real estate and finance, Bernstein's management team is able to take a creative, non-traditional approach to the investments it pursues. An intimate knowledge of the market also enables expediency and decisive action when executing complex transactions.
The partnership’s investment strategy is simple and effective: identify and pursue equity and debt investments in commercial real estate throughout the mid-Atlantic, and in particular, the Washington Metropolitan region, while carefully observing and responding to market changes. Prime targets include strategic investments in properties that have been poorly managed or are located in improving or growing submarkets. Through renovation, improved management, aggressive leasing, refinancing, and new development, The Bernstein Companies skillfully enhances the value of its investments.